The probe into illegal mining in the iron ore rich Bellary region of Karnataka has seen the Lokayukta submit and withdraw his resignation, the Chief Minister se
As per the National Mineral Inventory maintained by the Indian Bureau of Mines, 34.91 per cent of total iron ore resources in the country is found in Karnataka. As per the …
Arizona's governor has intervened in a dispute between the Navajo Nation and a uranium mining company about ore trucks traveling across the reservation. The …
Indonesia's customs office and the mining ministry are looking into possible illegal exports of the ore, Arifin Tasrif, Energy and Mineral Resources Minister told reporters.
MEXICO CITY (AP) — Hundreds of Mexican police, soldiers and government inspectors raided 11 iron ore yards at one of the country's largest seaports, following …
The Indian Bureau of Mines (IBM) has flagged the issue of illegal transportation of manganese ore leading to massive loss of revenue in Odisha.
Such end-to-end accounting will reduce the scope for transportation illegally mined minerals, including export of iron ore. This information was given by the Minister of State …
Iron Ore Mines in India have been a contributing factor for the growth of industrialisation in India due to the types of iron ore it has been able to produce throughout the decades. ... determined by the Indian Bureau of Mines (IBM). ... The lack of transparency in the illegal mining sector creates an information asymmetry, making it …
The main cause & incentive for this illegal mining of iron ore and manganese ore is the huge profit in the export market (mainly China). The prices of these have ... Government of India, Ministry of Mines, Indian Bureau of Mines, Circular No. 2 of 2010 dated 06.04.2010 by adding clause 9 & 10 as under: (9) The distance between two pillars ...
Shares of JSW Steel, a manufacturer and supplier of steel products, fell as much as 3.3 per cent after sources in the Central Bureau of Investigation (CBI) confirmed that the agency had filed a chargesheet against company chairman Sajjan Jindal in a case related to illegal iron ore mining in Karnataka.
Ministry of Mines is responsible for survey and exploration of all minerals, other than natural gases, petroleum and atomic minerals, for mining and metallurgy of non-ferrous metals like aluminium, copper, zinc, lead, gold, nickel, etc. and for administration of the Mines and Minerals (Regulation and Development) Act, 1957 in respect of all ...
In the wake of illegal iron ore mining scandals in the country, industryobservers had pointed out that this method is susceptible to incorrectreporting of prices by producers, either intentionally or owing to incorrectassessment procedures. The mines ministry's latest review is in progress, theofficial said, but declined further details.
Yanchen Wang, managing director in London of data provider Shanghai Metals Market, said the crackdown on illegal mining could be followed by a cap on production of nickel pig iron, used in stainless steel, to encourage output of higher value products for batteries.
Rejection of regularisation of mines operating beyond lease areas and compensation for other violations being used for tribal welfare are among the recommendations of a recent report on mining in the state. Kanchi Kohli places the key points in context.
Brazil Brazil's iron ore production growth will rebound in the coming years following contraction and stagnation over 2018-2020. Low operating costs, a solid project pipeline and Brazil's high ...
Mike Pompeo announced the launching of a program that will propose ideas on how to make Colombia's legal framework competitive to attract mining investing.
This chapter introduces the topic of convergence between organized crime and the mining industry. The alluring nature of precious metals and minerals is highlighted and set against the modern-day global rush not only for gold, diamonds, and amber but also industrial materials, such as iron ore, coal, and sand.
Australia remains a dominant global producer of mined commodities, and mining remains the largest sector by share of national GDP, with the Australian Bureau of Statistics reporting that the industry was responsible for 10.4% of …
In a press release, ED said that the money lying in the bank accounts of Seraj Yusha, Meraj Yusha and Yazdani International Pvt. Ltd(part of Serajuddin & Co) in a case of illegal mining of iron ore.
control illegal mining in the year 2005. Subsequently, 22 States have set up Task Forces specially constituted to control illegal mining and review the action taken by member departments for checking the illegal mining activities at state and district levels, so far.
(Business in Cameroon) - Acting Minister of Mines, Fuh Calistus Gentry (pictured), is set to preside over a ceremony on December 22, 2023, to launch the construction of the mine for the globally significant Mbalam iron ore deposit located between Cameroon and Congo.
The report of Justice M B Shah Commission of Enquiry on illegal iron and manganese ore mining in Odisha, which the Centre had kept under wraps, is finally out.
The Government of India set up Shri Justice M. B. Shah Commission of Inquiry for Illegal Mining of Iron Ore and ... handover to Central Bureau of Investigation, for further investigation and follow up action. Government of Odisha The following action has been taken by the State Government against the lessee and power of attorney ...
A few public sector and private sector companies dominate the mining industry. Illegal mining is also common, and in the last few years, there have several mining swindles like the case of iron ore mining in Bellary. Policy and legal framework related to mining in India ... The Indian Bureau of Mines has clearly laid out guidelines …
The Government has taken various steps to increase production and availability of iron ore, which inter-alia include Mining and Mineral Policy reforms to ensure enhanced production, early auction & operationalization of expired mines, ease of doing business, seamless transfer of all valid rights & approvals, incentivizing for starting of …
Curbing the Illegal Mining of Iron-Ore and Bauxite. As per section 23C of the Mines and Minerals (Development and Regulation) Act, 1957 state governments have been …
The index of mineral production of mining and quarrying sector for the month of January, 2023 (Base: 2011-12=100) at 135.9, is 8.8% higher as compared to the level in the month of January, 2022. ... lakh tonnes, Bauxite 2190 thousand tonnes, Chromite 388 thousand tonnes, Copper conc. 9 thousand tonnes, Gold 174 kg, Iron ore 241 lakh …
An investigation into illegal mining by Karnataka Lokayukta in 2010-11 had revealed an illegal export of iron ore worth more than Rs 12,228 crore between 2006 and 2011 from the state. In a report published in July 2011, the Lokayukta detailed the extent of the racket, naming several BJP ministers, including then CM B S Yediyurappa.
Press Releases 06-02-2014 Back CBI CONDUCTS SEARCHES AT 24 PLACES IN AN ON-GOING INVESTIGATION RELATING TO ALLEGED ILLEGAL MINING OF IRON ORE
Iron-ore slumped — following its fourth weekly loss in five — on concerns that a slowdown in steelmaking at Chinese mills, combined with record shipments from …
The Company has plans to increase its mining capacity from current level of around 4.0 million tons per annum to 12.2 million tons per annum in phase –I (under implementation) and from 12.2 million …
New Delhi: The southern region of the Federation of Indian Mineral Industries (FIMI) has moved the Supreme Court with a plea to remove the maximum permissible annual …
In 2010, the Supreme Court shut down the Obulapuram Mining Company (OMC) in Ballari, after a Central Bureau of Investigation (CBI) probe was initiated in 2009 for illegal mining.
Gain valuable insights into the historical development and contemporary trade dynamics of iron ore mining in India. Explore production trends, major players, export destinations, policy reforms, and industry challenges in this comprehensive analysis backed by authoritative sources and research.
There is a significant scope for new mining capacities in iron ore, bauxite and coal and considerable opportunities for future discoveries of sub-surface deposits. ... References: Media Reports, Press Information Bureau (PIB), Union Budget 2020-21, Ministry of Mines, Ministry of Coal, Ministry of Steel, Central Electricity Authority, Ministry ...
Australian Bureau of Statistics. Logo of the ABS with coat of arms. ABS Main Menu Open main menu. Close main menu. Statistics; Census; Participating in a survey; About; Toggle site search. Search ABS. Breadcrumb. Home; Statistics; Industry; Mining; Mining. Sort by . Relevance . Relevance; Title (A-Z) Release Date; Release date and time. 04 June ...
India's clampdown on illegal mining has cut output and exports and obliged steel mills to import a material the country has in abundance.
Although China has abundant iron ore reserves, its iron ore resources are mainly small-scale, low-grade, and high-cost underground mining, with the average grade of iron ore being 34.5%. ...
The latest data from the National Bureau of Statistics (NBS) has revealed that the metal ore sub-sector under the mining sector recorded the highest growth rate among all the sectors of the Nigerian economy in the first two quarters of 2023.. In an era when most eyes are on technology and finance, Nigeria's traditional sectors Metal Ores …
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